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Frankfurt Program for the Construction of Affordable Rented Apartments: Promotion scheme 2

than 40 % (Level 1), 55 % (Level 2) and 70 % (Level 3) above the within the limits specified by section 5 para.1 of the Hessen Act to Promote New Residential Properties (HWoFG) (Level 2) 

Starting rent per m² of living space and month
(plus running costs):
Level 1: € 8.50 €
Level 2: € 9.50
Level 3: € 10.50

Should the apartment be let to a Level 2 or 3 household, the difference in the amount from Level 1 must be paid to the City of Frankfurt:

Rent adjustment possible only in line with the consumer price index (taking German Civil Code (BGB) rental law into consideration) up to at most the standard local comparative rent

Basic loan per m² of living space eligible for promotion € 800

TermsInterest rate: 30 years interest freeas of 31st year: standard market interest rate for first mortgages 10-year fixed interest rate - max. 5 %

Redemption: 1 %Processing fee: 1 %

Payment: 99 %Equity: 15 %


Frankfurter Programm für den Neubau von Bezahlbaren Mietwohnungen: Förderweg 2 - Zuschüsss © Stadtplanungsamt Stadt Frankfurt am Main

Payment as a rule in the following instalments
50 % completion of the shell
40 % building ready for occupancy
10 % Overall completion and final accounting

General promotion conditions
- The structure is built within the limits of the City of Frankfurt/Main.
- For the project competing design scenarios were enacted at locations that are important in terms of urban development.
- The quality criteria (Annex 2 of the Guidelines) were taken into consideration in the planning.
- The criteria relating to accessible facilities (Annex 3 of the Guidelines) were taken into consideration in the construction of wheelchair-accessible apartments.

Living space eligible for promotion
Apartments for 1 person up to max. 50 m²
Apartments for 2 people up to max. 68 m²
Apartments for 3 people up to max. 80 m²
Apartments for 4 people up to max. 92 m²
…for every other person max. 12 m²

Supplement for wheelchair-accessible living space in accordance with the latest version of DIN 18040-2: 8%

The Guidelines and application forms are available on our website and in the City Planning Department, Abteilung Stadterneuerung und Wohnungsbau (Department of Urban Renewal and Housing)
Kurt-Schumacher-Strasse 10
60311 Frankfurt/Main

By appointment or during general office hours: Tues. + Thurs. 8:30 a.m. – 12:30 p.m.

As at: February 2019

Frankfurter Programm für den Neubau von bezahlbaren Mietwohnungen: Förderweg 2 [274 KB]

Richtlinie des Landes Hessen zur sozialen Mietwohnraumförderung [175 KB]

 

 


Contact partner(s)

Ms. Ilona Schäfer (Planung)

Telephone: +49 (0)69 212 36571
Fax: +49 (0)69 212 30731

Ms. Susanne Kreinz-Klawitter (Planung)

Telephone: +49 (0)69 212 44531
Fax: +49 (0)69 212 30731

Ms. Jana Kolthoff (Planung)

Telephone: +49 (0)69 212 35902
Fax: +49 (0)69 212 30731

Mr. Walter Gellert (Planung)

Telephone: +49 (0)69 212 30744
Fax: +49 (0)69 212 30731

Mr. Olaf Grohmann (Finanzierung)

Telephone: +49 (0)69 212 34682
Fax: +49 (0)69 212 30731

Ms. Claudia Mouhsine (Finanzierung)

Telephone: +49 (0)69 212 35346
Fax: +49 (0)69 212 30731

Mr. Ralf Steinkrauss (Finanzierung)

Telephone: +49 (0)69 212 35107
Fax: +49 (0)69 212 30731